Geoff Mulgan Innovation in Growing Cities

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Nesta’s mission: Bringing great ideas to life and crea0ng the condi0ons where innova0on can flourish

description

From Nesta's event on jobs innovation at the Birmingham Science Museum on 24 October 2013.

Transcript of Geoff Mulgan Innovation in Growing Cities

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Nesta’s  mission:    

Bringing  great  ideas  to  life  and  crea0ng  the  condi0ons  where  innova0on  can  flourish    

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Backing  innova&on  for  the  common  good  through  investment,  research,  

programmes,  networks  and  skills  

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Investment  Strategy  Involves:    Venture  por<olio  with  successful  exits,  backing  accelerators  and  impact  fund  

VENTURE  INVESTING    

CATALYSING  START  UP  SUPPORT  

IMPACT  INVESTMENT  FUND  

SUPPORTING  A  DEVELOPING  MARKET    

RESOURCE  EFFICIENCY,  AGEING,  EDUCATION  

SVI  FUND  

BIG  SOCIETY  FINANCE  FUND  

BIG  SOCIETY  FINANCE  FUND  

RESEARCH  &  POLICY  RECOMMENDATIONS  

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Policy  &  Research:    Economics  of  innova0on,  innova0on  policy,  evidence,  data,    global  innova0on  prac0ce  

INNOVATION  AND  ECONOMIC  GROWTH  

INNOVATIO

N  AND  

ECONOMIC  

GRO

WTH  

EXPERIMENTS  IN  INNOVATION  POLICY  

START-­‐UPS,  ACCELERATION  AND  ENTREPRENEURSHIP    

HOW  TO  MAKE  INNOVATION  

POLICY  

RESEARCH  FOR  NESTA’S  PRACTICAL  PROGRAMMES:  

AGEING,  JOBS,  SOCIAL  ACTION,  HYPER-­‐LOCAL  

MEDIA  

DIGITAL  SOCIAL  INNOVATION:  EU  

PROJECT  

EVIDENCE  AND  EXPERIMENT  IN  

POLICY  ASSET  BRITAIN:  

ANALYSING  SOCIAL  INNOVATION  

COLLECTIVE  INTELLIGENCE,  

ANALYTICS  &  BIG  DATA   COLLECTIVE  

INTELLIGENCE,  ANALYTICS  &  BIG  

DATA  

HOT  TOPICS  AND  FUTURE  TECHNOLOGIES  

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People  powered  health  

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InnovaQon  Lab:  backing  projects  and  ventures  

INNOVATION  IN  LOCAL  SERVICES     GIVING  AND  SOCIAL  ACTION  

HEALTH  AND  AGEING  WELL   DIGITAL  PUBLIC  SERVICES  

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UK  Crea(ve  Industries  

Skills   Digital  InnovaQon  

Wider  Crea(ve  Economy  

 CreaQve  InnovaQon  in  other  sectors  

Innova0on  Vouchers  

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INTERNATIONAL  DEVELOPMENT  

SOCIAL  INNOVATION,  

PUBLIC  SERVICES  

SPECIFIC  INSIGHTS  

CUSTOMISED  TRAINING  

Open  innovaQon,  innovaQon  policy,  

experimental  methods    

Prizes,  crowd-­‐funding  and  sourcing,  accelerators  

CONNECTING    WITH  INNOVATION  

 COMMUNITIES  AND  PARTNERS  

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FREE  LEARNING  MATERIALS  AND  TOOLS  

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A  few  examples:  

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Prizes  …  

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Accelerator  programmes  

To  date:  • 137  programs  world-­‐wide  • 2038  companies  accelerated  • 101  exits  for  $  1,123,908,100  • $  1,535,267,341  funding  • 4864  jobs  created  

(courtesy  of  www.seed-­‐db.com)  

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Innova0on  and  Jobs  

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Unemployment  remains  stubbornly  high…  Par0cularly  for  young  people…  

Challenges  remain  for  most  groups…  

And  in  specific  regions…  

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The  current  approaches  to  tackling  worklessness  are  complex  –  and  patchy  in  impact  

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CreaQng  &  shaping  new  markets  

mobilising  capital  (e.g.  complementary  currencies),  suppor0ng  growth  sectors  and  new  markets  (e.g.  developing  the  green  

economy)  

SupporQng  entrepreneurship  &  

enterprise  business  services  (e.g.  start-­‐

up  support),  business  incuba0on,  funding  and  

training  for  self-­‐employment  

Intermediaries  that  improve  matching  employer  pooling,  web-­‐

pla<orms  for  flexible  working  (e.g.  task-­‐matching  sites),  new  approaches  to  careers  advice,  individualised  job-­‐

matching  services  

21st  century  employability  

new  approaches  to  employment  support  (e.g.  career  coaching,  resilience-­‐building),  pla<orms  to  

showcase  skills  and  build  professional  networks  

Blurring  work  &  learning  bringing  work  into  the  classroom  (e.g.  business  mentoring  in  schools),  temporary  jobs  and  

supported  job  opportuni0es  (e.g.  appren0ceships  and  

traineeships)  

Jobs  Innovators  

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www.nesta.org.uk/makingitwork    

Our  work  

•  Prac0cal  support  to  spread  some  of  the  most  exci0ng  innova0ons  

•  Building  our  partnership  with  ci0es  

•  Developing  a  learning  network  and  sharing  evidence  on  ‘what  works’